ABO Wind AG (AB9) AI Stock Analysis

• Market Cap: €348.55M
• Dividend Yield: 1.45%
• Average Volume (3M): 2.55K
• Price to Earnings (P/E): 13.6
• Beta (1Y): 0.48
• Revenue Growth: 48.95%
• EPS Growth: -6.11%
• Country: DE
• Employees: 1,394
• Sector: Industrials
• Sector Strength: 87
• Industry: Engineering & Construction
• EPS (TTM): 2.77
• Shares Outstanding: 9,220,893
• 10 Day Avg. Volume: 3,995
• 30 Day Avg. Volume: 2,554
• PEG Ratio: 0.36
• Price to Book (P/B): 4.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -31.07
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: €41.00 ▲(8.47%Upside)

ABO Wind AG shows potential with strong revenue growth and a fair valuation. However, operational challenges, notably in cash flow and EBIT, along with technical indicators suggesting weak momentum, weigh down the overall score.

ABO Wind AG Business Overview & Revenue Model

Company Description

ABO Wind AG develops renewable energy projects in Germany, Finland, France, Spain, Argentina, Greece, Ireland, Poland, Tunisia, Hungary, the United Kingdom, the Netherlands, Colombia, Canada, South Africa, and Tanzania. It develops wind farm projects, as well as undertakes engineering, procurement, and construction (EPC) works for its projects and third parties. The company also provides power plant management services, such as commercial management, technical management and assessment, and maintenance and service, as well as replaces and repairs components. In addition, it engages in the project development, EPC, and operational management of solar projects. Further, the company provides operational management services for biogas plants; develops biogas plants; purchases and optimizes existing biogas plants; and offers bioenergy services. Additionally, it provides solutions for the storage of renewable energies; and ABO Lock, a digital access control locking system, as well as designs, constructs, and operates hybrid energy systems with renewables for infrastructure, mines, commercial and industrial, remote communities, tourism and hotels, and island and isolated power grid sectors. The company connects wind energy, solar energy, and storage facilities with an output of approximately 1,900 megawatts to the grid. ABO Wind AG was founded in 1996 and is headquartered in Wiesbaden, Germany.

How the Company Makes Money

ABO Wind AG generates revenue primarily through the development and sale of renewable energy projects, including wind and solar farms. The company earns money by identifying suitable locations for energy projects, obtaining necessary permits, designing and constructing the facilities, and then selling completed projects to energy investors or operators. Additionally, ABO Wind AG offers ongoing operational management and maintenance services for these projects, providing a steady income stream. The company also benefits from partnerships with financial institutions and energy companies, which help in financing large-scale projects and facilitating the sale of completed energy assets. Revenue is further supported by government incentives and subsidies for renewable energy projects in various countries where it operates.

ABO Wind AG Financial Statement Overview

Summary

ABO Wind AG demonstrates strong revenue growth and healthy gross margins, which are key positives. However, the absence of EBIT and negative cash flows are concerning, indicating operational and liquidity challenges. The balance sheet shows increased leverage, which requires careful management to mitigate financial risks.

Income Statement

ABO Wind AG has shown a robust revenue growth trajectory with a notable increase from €299.7M in 2023 to €446.4M in 2024, marking a growth rate of 48.98%. The gross profit margin for 2024 is healthy at approximately 47.74%, although the net profit margin is lower at 5.73%. Notably, EBIT has dropped to zero, indicating potential operational challenges. EBITDA margin stands at 11.95%, suggesting room for operational improvements.

Balance Sheet

The company's balance sheet reveals a substantial increase in total assets and liabilities, indicating expansion but also higher leverage. The debt-to-equity ratio is 1.48, which is relatively high, suggesting financial risk. However, the equity ratio of 32.41% indicates a stable capital structure. ROE is modest at 12.02%, reflecting steady returns for shareholders.

Cash Flow

The cash flow situation is concerning, with negative operating cash flow of €-3.3M and negative free cash flow of €-7.3M in 2024. The operating cash flow to net income ratio is negative, highlighting cash generation issues from operations. Despite this, financing activities have provided liquidity, offsetting some negative cash flow impacts.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	446.37M	299.69M	231.66M	127.11M	149.16M
Gross Profit	213.07M	186.01M	78.55M	43.85M	44.34M
EBITDA	53.36M	52.51M	45.19M	24.59M	23.86M
Net Income	25.59M	27.25M	24.59M	13.80M	13.12M
Balance Sheet
Total Assets	656.49M	493.94M	451.26M	297.06M	249.26M
Cash, Cash Equivalents and Short-Term Investments	85.16M	46.68M	95.85M	30.16M	62.13M
Total Debt	314.90M	213.76M	178.49M	99.62M	72.85M
Total Liabilities	443.72M	301.17M	281.21M	147.20M	109.15M
Stockholders Equity	212.75M	192.75M	170.02M	149.82M	140.09M
Cash Flow
Free Cash Flow	-7.30M	-68.36M	-22.02M	-55.57M	38.33M
Operating Cash Flow	-3.32M	-63.00M	-16.77M	-52.26M	40.28M
Investing Cash Flow	-7.67M	1.84M	-4.86M	-4.67M	-3.97M
Financing Cash Flow	49.05M	10.06M	89.86M	22.61M	7.01M

ABO Wind AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 37.80
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:AB9, the sentiment is Positive. The current price of 37.8 is above the 20-day moving average (MA) of 36.93, below the 50-day MA of 38.11, and below the 200-day MA of 38.81, indicating a neutral trend. The MACD of -0.07 indicates Negative momentum. The RSI at 52.92 is Neutral, neither overbought nor oversold. The STOCH value of 88.35 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:AB9.

ABO Wind AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AB9	65 Neutral	€348.55M	13.62	12.62%	1.45%	48.95%	-6.11%
Sector *	62 Neutral	C$6.49B	9.24	3.44%	2.90%	6.99%	-11.09%
NRDXF		$4.68B	146.81	3.02%	―	―	―
0AH7		€337.90M	―	-94.97%	―	―	―
0NCA		€341.30M	27.52	14.92%	1.24%	―	―
0NL1		€433.26M	16.68	18.64%	―	―	―
S9I		€348.40M	42.64	11.46%	1.87%	―	―